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Colorado Cannabis Sales Down Nearly 20%

December 20, 2022

The Colorado Department of Revenue (CDOR) recently released the monthly Marijuana Sales Report for October 2022. October 2022 total combined sales, at $142 million, were down 3.3% from September 2022 total sales of $146.9 million […]

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The Oregon Cannabis Market: A Case Study in Oversupply

December 13, 2022

The Oregon Liquor and Cannabis Commission (OLCC) issued sales data for November 2022 this week. November 2022 sales, at $75.4 million, were down 5.5% from October 2022 sales of $79.8 million and down 12.9% from […]

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Rhode Island Cannabis Market Opens to Recreational Customers

December 6, 2022

Rhode Island opened retail adult use cannabis sales last week, having awarded five medical cannabis “hybrid” licenses just last week, after passing adult use legalization in May 2022. The Office of Cannabis Regulation (OCR), under […]

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California Cannabis Tax Collection Shrinks Along with Declining Prices

November 29, 2022

The California Department of Taxation and Fee Administration (CDTFA) issued data on taxable sales and cannabis tax collections for Q3 2022. Q3 2022 taxable retail sales, at $1.27 billion, were down 9.8% from upwardly revised […]

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How High Will New York Cannabis Prices Be?

November 22, 2022

While New York’s legal adult use market is facing difficulties in getting off the ground, as we detail below, those with conditional cultivator licenses have harvested their outdoor crops and are now in discussions with […]

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Illinois Cannabis Sales Remain Steady Heading into Q4 2022

November 15, 2022

The Illinois Department of Financial and Professional Regulation (IDFPR) issued October 2022 adult use sales figures this week. October combined sales to in-state and out-of-state customers, at $131.5 million, were up 0.7% from September 2022 […]

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New Jersey Approves First Wave of Annual Adult Use Cannabis Licenses

November 8, 2022

The New Jersey Cannabis Regulatory Commission (CRC) recently notified the public, via press release, that they have approved the first 18 annual adult use cannabis business licenses. 10 of the 18 licenses resulted from the […]

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What Drove Oklahoma Cannabis Prices So Low?

November 2, 2022

The Oklahoma Medical Marijuana Authority (OMMA) published September 2022 tax collections, allowing us to extrapolate sales made in August 2022 in the state’s medical cannabis program. August 2022 sales, at $59.7 million, were down 8.4% […]

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Cannabis Market Outlook from a California Perspective

October 25, 2022

The future is bright for California cannabis, even amid an historic sell-off in cannabis prices and a larger illicit than legal market. President Joe Biden is in poised to deschedule cannabis, thousands convicted of nonviolent […]

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Massachusetts Wholesale and Retail Cannabis Prices Continue to Decline

October 18, 2022

The Massachusetts Cannabis Control Commission (CCC) recently issued data for August 2022 adult use sales on the state’s Open Data Platform. August 2022 adult use retail sales, at $130.9 million, were down 1.2% from upwardly […]

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